Independent Bank Corp. (INDB)
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undefined%
At close: undefined
70.80
-0.03%
After-hours Dec 13, 2024, 04:00 PM EST

Income Statement (Annual)

Get detailed income statement breakdowns, uncovering revenue, expenses, and much more.
Year FY23 FY22 FY21 FY20 FY19 FY18 FY17 FY16 FY15 FY14 FY13 FY12 FY11 FY10 FY09 FY08 FY07 FY06 FY05 FY04 FY03 FY02 FY01 FY00 FY99 FY98 FY97 FY96 FY95 FY94 FY93 FY92 FY91 FY90 FY89 FY88 FY87 FY86 FY85
Revenue 795.73M 727.92M 507.41M 477.45M 508.43M 386.67M 341.84M 310.24M 289.59M 264.86M 249.82M 234.81M 219.78M 210.87M 188.89M 145.55M 128.23M 129.30M 132.99M 126.17M 123.57M 123.39M 111.87M 88.56M 76.62M 72.20M 65.00M 57.60M 55.40M 53.00M 47.50M 51.00M 52.60M - - - - - -
Cost of Revenue - - - - - 3.43M - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Gross Profit 795.73M 727.92M 507.41M 477.45M 508.43M 383.24M 341.84M 310.24M 289.59M 264.86M 249.82M 234.81M 219.78M 210.87M 188.89M 145.55M 128.23M 129.30M 132.99M 126.17M 123.57M 123.39M 111.87M 88.56M 76.62M 72.20M 65.00M 57.60M 55.40M 53.00M 47.50M 51.00M 52.60M - - - - - -
Operating Income 315.13M 338.55M 156.68M 152.84M 218.11M 181.46M 152.88M 130.87M 112.80M 104.16M 90.07M 80.69M 91.26M 91.23M 81.73M 89.44M 100.73M 112.65M 98.14M 81.19M 74.50M 78.15M 87.02M 77.02M 74.75M 73.50M 63.10M 50.20M 44.20M 36.70M 31.80M 32.40M 33.70M -17.90M 5.90M 8.90M 8.30M 7.80M 6.00M
Interest Income 795.73M 642.84M 415.28M 402.07M 447.01M 323.70M 277.19M 246.64M 235.54M 216.46M 205.91M 196.19M 195.75M 178.07M 173.05M 176.39M 159.74M 167.69M 155.66M 134.61M 128.31M 140.82M 145.07M 127.57M 112.01M 108.70M 93.80M 77.30M 73.00M 68.60M 61.10M 65.90M 80.90M - - - - - -
Pretax Income 315.13M 347.75M 156.68M 152.84M 218.11M 155.93M 134.54M 112.08M 92.18M 83.74M 66.74M 57.30M 62.58M 52.47M 29.74M 30.52M 37.17M 47.61M 48.33M 44.39M 41.97M 37.36M 32.54M 21.60M 24.58M 23.90M 21.50M 17.80M 15.10M 9.60M 5.10M 400.00K -16.20M - - - - - -
Net Income 239.50M 263.81M 120.99M 121.17M 165.18M 121.62M 87.20M 76.65M 64.96M 59.84M 50.25M 42.63M 45.44M 40.24M 22.99M 23.96M 28.38M 32.85M 33.20M 30.77M 26.43M 25.07M 22.05M 15.19M 17.03M 16.10M 14.20M 11.60M 10.40M 8.10M 4.60M 200.00K -11.90M -17.90M 5.90M 8.90M 8.30M 7.80M 6.00M
Selling & General & Admin 234.09M 211.66M 183.47M 161.25M 157.07M 132.23M 124.66M 116.99M 113.68M 102.58M 98.22M 91.89M 89.66M 88.00M 81.01M 60.29M 54.24M 49.25M 49.87M 47.35M 43.49M 42.17M 36.90M 29.89M 24.91M 21.10M 20.60M 21.10M 22.10M 20.80M 17.30M 17.00M 17.80M - - - - - -
Research & Development - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - -
Other Expenses 488.04M -601.03M -534.20M -485.86M -447.40M -343.15M -313.62M -296.36M -290.48M -263.28M - -246.00M -218.19M -458.00K -1.35M -116.40M -81.74M -65.91M -84.72M - - - -61.76M -41.44M -26.78M -19.80M -22.50M -28.50M -33.30M -37.10M -33.00M -35.60M -36.70M -17.90M 5.90M 8.90M 8.30M 7.80M 6.00M
Operating Expenses 722.13M -389.37M -350.73M -324.62M -290.32M -201.78M -188.96M -179.37M -176.80M -160.70M 4.28M -154.12M -128.52M 87.55M 79.66M -56.10M -27.51M -16.65M -34.85M 2.45M 1.99M 1.89M -24.85M -11.54M -1.87M 1.30M -1.90M -7.40M -11.20M -16.30M -15.70M -18.60M -18.90M -17.90M 5.90M 8.90M 8.30M 7.80M 6.00M
Interest Expense 189.21M 29.59M 13.72M 34.34M 53.88M 25.54M 18.33M 18.79M 20.62M 20.42M 23.34M 23.39M 28.67M 38.76M 51.99M 58.93M 63.55M 65.04M 49.82M 36.80M 32.53M 40.79M 54.48M 55.42M 50.18M 49.60M 41.60M 32.40M 29.10M 27.10M 26.70M 32.00M 49.90M - - - - - -
Selling & Marketing Expenses - - 4.08M 4.26M 5.44M 4.94M 4.99M 5.20M 4.64M 3.86M 4.28M 3.95M 3.88M 2.17M 2.20M 2.02M 1.72M 1.36M 1.96M 2.45M 1.99M 1.89M - 1.55M 1.20M - - - - - - - - - - - - - -
Cost & Expenses 722.13M -389.37M -350.73M -324.62M -290.32M -201.78M -188.96M -179.37M -176.80M -160.70M 4.28M -154.12M -128.52M 87.55M 79.66M -56.10M -27.51M -16.65M -34.85M 2.45M 1.99M 1.89M -24.85M -11.54M -1.87M 1.30M -1.90M -7.40M -11.20M -16.30M -15.70M -18.60M -18.90M -17.90M 5.90M 8.90M 8.30M 7.80M 6.00M
Income Tax 75.63M 83.94M 35.68M 31.67M 52.93M 34.30M 47.34M 35.43M 27.22M 23.90M 16.48M 14.67M 17.15M 12.23M 6.75M 6.55M 8.79M 14.76M 15.12M 13.62M 15.54M 12.29M 10.48M 6.41M 7.54M 7.80M 7.30M 6.20M 4.70M 1.50M 500.00K 200.00K -4.30M 17.90M -5.90M -8.90M -8.30M -7.80M -6.00M
Shares Outstanding (Basic) 44.18M 46.37M 34.87M 33.26M 32.81M 27.59M 27.29M 26.40M 25.89M 23.90M 23.01M 21.78M 21.42M 21.18M 19.64M 15.69M 14.03M 14.94M 15.38M 14.94M 14.56M 14.42M 14.29M 14.24M 14.21M 14.73M 14.64M 14.50M 14.63M 14.46M 14.38M 5.00M 5.22M 5.19M 5.09M 5.09M 5.06M 5.03M 4.00M
Shares Outstanding (Diluted) 44.19M 46.39M 34.89M 33.29M 32.86M 27.65M 27.37M 26.46M 25.96M 23.99M 23.09M 21.81M 21.45M 21.20M 19.67M 15.76M 14.16M 15.11M 15.52M 15.04M 14.74M 14.62M 14.45M 14.31M 14.37M 14.95M 14.95M 14.68M 14.81M 14.46M 14.38M 5.00M 5.22M 5.19M 5.09M 5.09M 5.06M 5.03M 4.00M
EPS (Basic) 5.42 5.69 3.47 3.64 5.03 4.41 3.19 2.90 2.51 2.50 2.18 1.96 2.12 1.90 0.88 1.53 2.02 2.20 2.16 2.06 1.82 1.63 1.54 1.07 1.20 1.10 0.97 0.80 0.71 0.56 0.32 0.03 -2.28 -3.45 1.16 1.75 1.64 1.55 1.50
EPS (Diluted) 5.42 5.69 3.47 3.64 5.03 4.40 3.19 2.90 2.50 2.49 2.18 1.95 2.12 1.90 0.88 1.52 2.00 2.17 2.14 2.06 1.79 1.61 1.53 1.06 1.19 1.08 0.95 0.79 0.71 0.56 0.32 0.03 -2.28 -3.45 1.16 1.75 1.64 1.55 1.50
EBITDA - 386.55M 189.50M 174.40M 238.80M 167.83M 150.31M 124.07M 104.48M 95.85M 75.23M 67.51M 72.22M 64.43M 52.92M 50.46M 59.20M 74.56M 77.25M 68.89M - - - - - - - - - - - - - -17.90M 5.90M 8.90M 8.30M 7.80M 6.00M
Depreciation & Amortization - 26.05M 18.21M 19.00M 18.20M 11.80M 12.00M 10.10M 12.29M 11.01M 8.49M 10.21M 9.63M 9.88M 5.74M 6.75M 5.66M 6.37M 5.98M 5.87M 5.56M 4.31M 7.59M 5.60M 4.54M 4.20M 3.20M 3.10M 3.20M 5.40M 3.30M 2.50M 2.30M - - - - - -